Tag: trade

Q2 2025 Italian Textile Machinery Orders See Slight Drop

In the second quarter of 2025, the textile machinery order index, compiled by the Economics Department of ACIMIT (the Association of Italian Textile Machinery...

JAAF Welcomes US 20% Tariff on Sri Lankan Apparel Exports

The Joint Apparel Association Forum (JAAF) has expressed strong approval for the U.S. government's recent decision to impose a revised 20% tariff on Sri...

Relief for Bangladesh as US Sets 20% Tariff on Garments

Bangladesh has successfully negotiated a 20% tariff on garment exports to the United States, a move that brings considerable relief to the country's garment...

Indonesia Seeks Textile Export Stability Amid US Tariffs

Indonesia is optimistic about sustaining its textile and fashion exports to the United States following a recent bilateral trade agreement. This agreement has significantly...

Indian Apparel & Textile Industry Hit by 25% US Tariffs

The Indian apparel industry is bracing for significant challenges as the U.S. government implements a steep 25% tariff on textile and clothing imports starting...

Trump Signs Order Eliminating De Minimis Exemption

On Wednesday, President Donald Trump signed an executive order that eliminates the duty-free exemption for imported goods valued at $800 or less. This significant...

Can US Textile Manufacturing Rally After US-EU Trade Deal?

Reshoring and Nearshoring: Will the US-EU Trade Deal Spark a Textile Manufacturing Comeback in America? The July 2025 US-EU trade deal, with its 15% tariff...

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